St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-13
THE WEEK IN DIRT.
Insurance Hen Looking Into the Morti-
more Block Fire.
THE NEXT BLOCK TO IT SOLD.
Col. Kings Scheme---Boulevard Woi X
General Notes About the
Realty Market.

The past week was unchanged from
the previous one in the business done
in real estate. There was no eXtraOrdi-
nary activity evinced one way or the
other, and the trading feature seemed
to be the NEST active agent in tranSac-
lions. A broker, speaking on this sub
ject, said Minneapolis is essentially a
trading town; this style of deal
ing continues active all the year
round, but what is chiefly
needed. cash dealings, is not very brisk
at present. There is plenty of inquiry.
both in town and from outside parties,
and this keeps the offices busy if moth
ing else. The far-reaching effect OF the
anarchist trouble was felt on the mar
ket here, and now that the tragedy is
over men breathe easier and feel more
confidence in letting capital flow out in
various channels, both speculative and
commercial.
The Mortimer fire catastrophe is now
being examined into by the insurance
experts. Mr.. Mortimer appeared before
them yesterday at the West hotel where
they are conducting the inquiry. He
was seen about the matter, but would
not Saywhat tranSpired, simply remark
ing that an appraiser had been ap-
pointed and the whole matter would be
adjusted by next week. Asked if he had
heard of the incident mentioned in the
GLOBE about the boy Williams, Mr..
Mortimer said he had not, and as for the
boy he was certainly little cracked,
and totally unreliable person in all re-
SpectS.
There will be consummated in few
days a very important deal, If every
thing stands as it does to-day. This will
be the sale of the row of houses, COM
priSing nine, at the corner of Thir-
teenth street and Mary Place. The
property is now owned by John w.
ShackletOn and the price asked is S70,-
900. The intended purchaser is not
known and f. L. Mortimer & Co. have
the deal in hand. MesSrS. Root, Wood
land & Sawyer had a good solid trans
action in their Office yesterday. 1t was
the completion of the sale 90 acres in
section 81, town III, and range %, at
the rate of $500 per acre and strictly a
cash sale. This is out at Hopkins. The
property will be duly plated when
spring comes.
The park commissioners appropriated
$50 last week for the purpose of sur
Yeving the proposed boulevard from
Humboldt avenue to Minnehaha falls.
They have already secured all the right
of way but ten acres, and will have no
difficulty in getting that. The bOule-
ward will be 200 feet wide, and make a
splendid thorOughfare, especially for
driving purposes. A suburban piece of
property that is being considerably en-
HANGED in value by the new
Franklin avenue bridge as well
as the Fair Ground addition is the Pros
pect park property on the southeast
side. This property has been plated,
over $4,000 expended in grading, and
the houses already erected are of very
superior appearance. The corner on
Park avenue and Lake street, 123x11S.
has been sold for 1900 Forest Height
property is improving all the time. A
lot sold there yesterday for $500.
~
Col. Bill King made one of the largest
purchases Oh record lately, when he
bought the property known as Reming
ton park, west of Lake Harriet. for the
handsome sum of S194,500. What's in
the wind in that direction is not eX-
actly known, but there must be some
thing up where an Old-timer like Will
lam King goes investing. A new Mime
apOliS house is the Allingham Manu-
ClAbh CtlCOls
Their capital is placed at $4,000. They
make draft regulators and hardware
specialtieS.
-
Ben Thompson says that the SissetOn
reservation is not open yet, but he keeps
posted about it all the time, and when
the first decisive move is made he will
be the first man in town to know it.
The proprietorS of the Oswald tract,
which will most likely shortly be known
as the Oswald park, are fitting up their
property to be fine residence locality.
The property will be placed on the mar
ket in the spring. At present all kinds
Of improvements are being attended to.
An artesian well has been sunk, trees
are being planted. and every lot graded
up and SOdded. When the property is
put upon the market. it will be started
at figure which, considering its adj
Vantages and the distance from town,
will not be eXOr bitant.